Vietnam Securities Depository and Clearing Corporation News

VIC123028: Cancellation of Bond Registration

Date update 19/08/2025 - 16:02:13

Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the bond registration cancellation from 29/8/2025 of the bond registering institution as follows:

Securities name:

VICH2325004 bond

Securities code:

VIC123028

ISIN:

VNVIC1230282

Par value:

100,000 VND

Interest rate:

+ The interest rate for the first 2 interest periods is 14.5%/year and is calculated on the basis of a 365-day year; + The interest rate for the next interest periods is equal to the total of 4% and the reference interest rate and is calculated on the basis of a 365-day year. In particular, "Interest period" means each period lasting 6 consecutive months from the issue date to the maturity date. In case the bonds are redeemed before maturity according to the provisions of the Prospectus, the final interest period for the bonds redeemed before maturity will be from the last day of the latest interest period to the date on which the bond is redeemed before the relevant maturity date exclusive. “Reference interest rate” means the average of savings deposit interest rates applicable to individual customers, with 12-month term (or equivalent) in VND announced by BIDV, Vietcombank, Vietinbank, Agribank on the banks' websites on or shortly before 11:00 a.m. (Vietnam time) on the interest rate determination date of that interest period. “Interest rate determination date” for the first 2 interest calculation periods is the 20th working day immediately preceding the issue date; and for each interest period after the first 2 interest periods, the 10th business day before the first day of that interest period.

Issue date:

31/08/2023

Maturity date:

31/08/2025

Quantity of registration-cancelled securities:

6,924,155 Bond

Value of registration-cancelled securities:

692,415,500,000 VND

Reason:

maturity

Valid date:

29/08/2025

From 29/8/2025, bond code VIC123028, ISIN VNVIC1230282 issued by VSDC will become invalid and VSDC will not implement registration, depository, clearing and settlement for VIC123028 bonds. VSDC will withdraw all deposited VIC123028 bonds on the effective date of deregistration. VSDC's members are requested to withdraw the respective quantity of deposited VIC123028 bonds from investors' accounts on 29/8/2025 and inform related investors accordingly.
Cancellation of securities registration at VSDC does not change the legal rights and interests of bondholders. Vingroup Joint Stock Company is responsible for managing information on bonds and bondholders after the bonds are deregistered at VSDC and continuing to exercise the rights and legitimate interests of bondholders (if any) in accordance with prevailing laws.

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